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China tag returned 3374 results

  • China's new childbirth policies unlikely to boost birth rate -- Moody's

    The Chinese government's announcement to allow couples to have up to three children each from two each previously and its pledges to resolve social and economic barriers to childbearing could support fertility to a limited extent, but the new policy is unlikely to produce any dramatic change in China's birth rate, says Moody's Investors Service.

    China | 11 Jun 2021
  • Indirect barriers hinder foreign financial institutions, per EU business chamber

    China's financial services sector encapsulates the problem with indirect barriers to the Chinese market, according to the European Business in China Business Confidence Survey 2021 (BCS).

    China | 11 Jun 2021
  • China issues corporate governance guidelines for insurers

    The CBIRC has issued its "Corporate Governance Guidelines for Banking and Insurance Institutions", that has taken effect since 2 June. The goal is to improve the quality of corporate governance in insurers and banks so as to ensure their sound development.

    China | 11 Jun 2021
  • Tencent spreads its wings in insurance sector

    Chinese Internet giant Tencent's plan to invest in Samsung Property & Casualty Insurance (Samsung P&C) in China is seen as one more step in the technology conglomerate's continued expansion in the insurance field.

    China | 11 Jun 2021
  • CBIRC rules for crisis resolution by insurers emphasise DIY rescue

    Insurance companies, banks and other financial entities have been directed to draw up and submit to the CBIRC their first-ever recovery plans by the end of August next year so as to strengthen crisis awareness and the crisis response capabilities of financial institutions.

    China | 11 Jun 2021
  • EY spells out 7 areas of focus for the insurance industry

    China's insurance industry will continue to play an active role in promoting social stability and boosting economic growth during the duration of the government's 14th Five Year Plan that covers the years 2021 to 2025. The insurance industry's participation will be at a higher level than previously, as it undergoes supply-side reforms, supports the high-quality development of the real economy, drives innovation and creates new demands, according to the international professional services firm EY.

    China | 11 Jun 2021
  • Xiong'an New Area welcomes its first insurers

    Two insurance companies have received approval to start operations in the Xiong'an New District which is located in Hebei Province, around 100km southwest of Beijing. They are reportedly the first insurers to be given the green light in the development zone.

    China | 11 Jun 2021
  • Lower solvency ratios expected under Phase Two of C-ROSS II

    Phase Two of the second generation of the China Risk Oriented Solvency System (C-ROSS II), which reportedly will be implemented with effect from 1 January 2022, is expected to meet the needs of the development of the Chinese insurance industry, improve risk control and ensure financial soundness.

    China | 11 Jun 2021
  • China: Sizable insurers and other financial entities to prepare recovery plans in face of risks

    The CBIRC issued rules yesterday requiring sizable insurers, banks and financial leasing firms to prepare recovery plans in the unlikely event that they run into financial trouble, as the regulator seeks to enhance risk management of the country's financial sector, according to a Reuters report.

    Asia | 10 Jun 2021
  • China: Da Tong listed among world's top 20 insurance broking groups

    Only one mainland Chinese broking company made it to the list of top 20 insurance brokers in the world, according to data compiled by Insuramore.

    Asia | 09 Jun 2021

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